How long is the settlement cycle for ordinary Amazon sellers? What are the rates for each payment method?

No matter which payment method Amazon sellers use, the time it takes for Amazon to pay back is the same, and the payment method for all Amazon sites is also the same. So how long is the settlement cycle for ordinary Amazon sellers? The following content will provide the answer.

How long is the settlement cycle for ordinary Amazon sellers ?

14 days.

Amazon will deposit the seller's sales revenue into the seller's bank account 14 days after you register on the seller platform;

Amazon's payment cycle is basically about 14 days. Sellers need to pay attention to the account balance of at least 25 yuan to ensure that the account balance is sufficient;

Sellers need to enter valid bank account information in China in the seller platform;

After settlement is completed, Amazon will publish the settlement report in the "Reports" section of the seller platform and deposit the sales proceeds into the seller's bank account via bank transfer;

It will take 6-10 working days from the bank transfer date for the funds to arrive in the seller's bank account.

What are the fees for each payment method on Amazon?

The most important thing for Amazon sellers is the fee rate, because less loss on withdrawal means higher profit margin. Let's do some careful calculations with Fat Meat Ball and analyze which ones are more suitable for Amazon novices.

WorldFirst: No deposit fees, withdrawal fees capped at 0.3%, and exclusive rates for big customers (nothing to do with Amazon newbies).

Payoneer: Deposits are free, but withdrawals to China are subject to a 1.2% handling fee. When the user's cumulative payment flow reaches a certain amount (this has nothing to do with Amazon newbies), the system will automatically waive the handling fee, with a minimum of 1%, and there is no exchange loss or other fees.

Lianlian: The standard fee is 0.7%. The deducted fee is calculated on a proportional basis and has nothing to do with the amount of withdrawal, but only with the exchange rate at the time of settlement.

PingPong: Regardless of the currency, PingPong generally charges 1% of the amount received. If your company's monthly turnover is over $100,000, you can contact the official website to apply for a lower rate (this has nothing to do with Amazon newbies).

Summary: In terms of withdrawal fees, for Xiaomaijia, Wanlihui’s 0.3% is relatively low, and it can withdraw cash directly to Alipay, and it is now connected to the online business loan.

Amazon payment method payment time:

WorldFirst: It takes 1 working day to withdraw cash to bank card and seconds to withdraw cash to Alipay.

Payoneer: 1 working day.

Lianlian: The funds will be credited to your account on the same day.

PingPong: 1 business day.

Summary: Lianlian has the fastest deposit time, while other methods are 1 working day slower.

According to what we know, the settlement cycle of Amazon's general sellers will not be different due to different sites. As Amazon merchants, you can find out that the specific time is about 14 days. I hope the above content will be helpful to everyone.

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